Today, Bybit launched a new token giveaway for PAWS via their Launchpool. Normally, such events aren’t particularly noteworthy, as Launchpools are quite common on various exchanges. However, there's a significant detail that deserves attention regarding PAWS's price.
Orders for buying and selling PAWS are being accepted on Bybit in pre-market mode. The current rate is 0.00064 USDT. Based on trends observed throughout 2024 and 2025, the pre-market phase has consistently been the optimal time to sell. Tokens listed in pre-market trading often fail to reach these early prices once official trading begins. In other words, once the token is officially released, there’s a high likelihood its value will be lower than the current pre-market rate.
However, there’s a concerning aspect to this story. On decentralized exchanges (DEXs), several fake PAWS tokens are circulating. These counterfeit tokens share the same name as the authentic PAWS created by paws.community, yet they have no real connection to the legitimate project. Surprisingly, some of these fake tokens are reaching prices that the real PAWS token could only dream of. For instance, one fake PAWS token is trading at 90 times the genuine pre-market PAWS value!
At rabbit.io, we occasionally receive fake tokens from dishonest clients attempting to pass them off as legitimate. In such cases, we must inform the sender that these tokens cannot be exchanged, as they hold no real value. Knowing now that some fake tokens are fetching even higher prices than the real ones adds an unexpected twist to the situation.